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Angel Fibers (BOM:541006) Debt-to-EBITDA : 4.54 (As of Mar. 2024)


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What is Angel Fibers Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Angel Fibers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹182 Mil. Angel Fibers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹291 Mil. Angel Fibers's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹104 Mil. Angel Fibers's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 4.54.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Angel Fibers's Debt-to-EBITDA or its related term are showing as below:

BOM:541006' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.68   Med: 4.13   Max: 23.94
Current: 4.13

During the past 11 years, the highest Debt-to-EBITDA Ratio of Angel Fibers was 23.94. The lowest was 2.68. And the median was 4.13.

BOM:541006's Debt-to-EBITDA is ranked worse than
63.78% of 820 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.8 vs BOM:541006: 4.13

Angel Fibers Debt-to-EBITDA Historical Data

The historical data trend for Angel Fibers's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Angel Fibers Debt-to-EBITDA Chart

Angel Fibers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.94 3.26 2.68 7.64 4.13

Angel Fibers Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.93 -12.76 3.04 4.10 4.54

Competitive Comparison of Angel Fibers's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Angel Fibers's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Angel Fibers's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Angel Fibers's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Angel Fibers's Debt-to-EBITDA falls into.



Angel Fibers Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Angel Fibers's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(182.044 + 291.328) / 114.746
=4.13

Angel Fibers's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(182.044 + 291.328) / 104.324
=4.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Mar. 2024) EBITDA data.


Angel Fibers  (BOM:541006) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Angel Fibers Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Angel Fibers's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Angel Fibers (BOM:541006) Business Description

Traded in Other Exchanges
N/A
Address
Survey No. 100/1, Plot No. 1, Kalavad - Ranuja Road, Taluka - Kalavad, Jamnagar, GJ, IND, 361112
Angel Fibers Ltd is a textile manufacturing company. It also trades in cotton waste which is by-product of its manufactured product. The company operates in the Spinning of Cotton Yarn business segment. The products of the company are Cotton Carded Yarn, Cotton Combed Yarn and Cotton Compact Yarn.

Angel Fibers (BOM:541006) Headlines

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